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Updated over 2 years ago, 09/10/2022

User Stats

4
Posts
4
Votes
João Ribeirinha
  • Investor
  • Portugal
4
Votes |
4
Posts

New investor from Portugal

João Ribeirinha
  • Investor
  • Portugal
Posted

Hello,

I'm new on the forum and I'm from Portugal.

2 years ago I bought an apartment, where I live now, and I have the opportunity to sell now for a 74k profit.

I've always wanted to get into the real estate business, but I never had the money to start.

I've bought my apt under construction 2 years ago, and now I can sell it for 74k profit.

I have the idea to buy 3 apartments, max 100k each with all the costs rehab inc. and give a 20 % downpayment on all of them. Rent 2 of them and 1 of those needs to be for me and my gf to live.

I check all the new listings everyday, and I already have 4 or 5 that fit my criteria.

Do you think is viable? Or there is more viable options for me ?

thank you and have a nice day!

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